6 months on rocket

295 Falls Creek Way, Somerset, KY, 42503

$89,900

4.57 Acres
Land

Location

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Property Highlights

Home TypeVacant Lot
MLS #23017313
Lot Size4.57 Acres
StatusActive

About 295 Falls Creek Way

PRICE REDUCED!! Beautiful 4 and 1/2 private restricted wooded acres to ready to build your home on, this acreage has a spring fed pond and is partially fenced and is located on a paved road. City water and electric are onsite. Abundant wildlife and just 10 minutes to Lake Cumberland!!

Property Details

Property Features

Listing Office:

  • Office Name: Lake Cumberland Real Estate Professionals
  • Office Phone: (606) 677-0059

Lot Features

Lot Information:

  • Lot Size: 4.57 Acres

Other

Directions Information:

  • Directions: Slate Branch Road, go through the 4 way stop continue on past Natures Valley to Slate Branch Spur, left onto Falls Creek Way, property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,900
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Housing Market Comparison

See how this home compares to others in Somerset, KY.

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Somerset, KY

City

Med. Sold Price

$250K

Med. Price/SqFt

$69

Avg. Days On Market

63

# of Sold Homes

27

295 Falls Creek Way vs Somerset

190 DAYS ON ROCKET

+127 Days

$89,900

-$160.1K Less

KEY TAKEAWAY

This property is $160.1K less than the Median Sold Price in Somerset, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #23017313

Listing Office:

  • Office Name: Lake Cumberland Real Estate Professionals
  • Office Phone: (606) 677-0059

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 6:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1768437
8
/10

  • Southern Elementary School

  • 198 Enterprise Dr

  • 4.64 miles

  • Public District Grades KG-5

school-card-donut-1768438
10
/10

  • Oak Hill Elementary School

  • 1755 Wtlo Rd

  • 4.72 miles

  • Public District Grades KG-5

school-card-donut-1768439
7
/10

  • Burnside Elementary School

  • 435 E Lakeshore Dr

  • 5.09 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,811. Most Somerset, KY residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Somerset, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Somerset, KY?

The housing landscape in Somerset, Pulaski, Kentucky, is characterized by a mix of single-family homes and multi-family residences, with single-family homes being the more prevalent. Architectural styles in the area range from traditional to contemporary, reflecting the region's historical roots and modern growth. The market composition includes a variety of living spaces, with a notable number of properties built in the latter half of the 20th century.

Is Somerset, KY a good place to live?

Somerset prides itself on its welcoming community atmosphere and the blend of small-town charm with growing urban amenities. The area is celebrated for its annual Master Musicians Festival, which showcases the rich cultural fabric and artistic talent within the community. Residents enjoy a lifestyle that balances outdoor recreation with cultural events, contributing to the area's unique character.

Are things conveniently located in Somerset, KY?

The community is served by a number of public schools, providing educational opportunities from elementary through high school levels. Healthcare services are available, with facilities offering primary care and specialized medical services. Somerset also features a public library system that supports the educational and informational needs of its residents. Retail and dining options in the area reflect the local culture, with a mix of national chains and locally-owned businesses.

What does the transportation in Somerset, KY look like?

Transportation in Somerset includes a network of roads that connect residents to nearby cities and attractions, with the Cumberland Parkway being a notable route for commuters. Public transportation options are available, providing residents with alternatives to private vehicle use. The community is also making strides in enhancing walkability in certain areas, promoting a pedestrian-friendly environment. While specific ride-sharing statistics are not mentioned, such services are typically available in urbanized areas.

Frequently Asked Questions About 295 Falls Creek Way

What is the listing price of this property?

The listing price of 295 Falls Creek Way property is $89,900.

What type of property is this?

The property 295 Falls Creek Way is land located in Somerset, Kentucky, 42503.

Is this property for sale now?

Active Listing: 295 Falls Creek Way is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 295 Falls Creek Way is 4.57 acres.
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Rocket Homes›Kentucky›Pulaski County›Somerset›42503›295 Falls Creek Way

This home is located at 295 Falls Creek Way in Somerset, KY and zip code 42503. This home sits on a 4.57 acre lot. It has been listed on Rocket Homes since June 04, 2024 and is currently priced at $89,900.

Over 2 listings were sold over their listed price in November 2024 in Somerset, KY. In the same period over 23 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Somerset, KY increased by 2.8% between October 2024 and November 2024. In November 2024 median list price was $250,000 and the average listing age was 63 days.

From Rocket Homes Real Estate and based on county public records data.

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